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2021  Economy / Trading Discussion / Re: Best Place to buy Physical Gold on: May 10, 2023, 11:40:09 AM
For your privacy and safety reasons, it is better to buy gold bars on physical stores. We may not be from the same country, so my answers may also not be accurate if I give some locations of where you can buy it.

There are tokenized gold. The one that I know of is PAXG. It has a marketcap of $534,238,220 and a good trading volume. Maybe you can buy some of this also. If you have high amount of money, I will recommend you to buy real gold and little of this tokenized gold.
2022  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will become stable currency? on: May 10, 2023, 07:57:32 AM
The problem is, in order for Bitcoin to become a currency everyone will use, it should be stable.
Bitcoin was created to be an unstable coins, it can not become stable.

Just look at what people are saying right now, experts say that people shouldn't hold USD because inflation is just 5% a year, but imagine if you have bitcoin that can go down like 5% a day because some whales sold it. It will be problematic for people to use it on a daily basis because of that.
You are not looking at the reality, that bitcoin will increase in price and reach all-time-high. Bitcoin volatility has helped many people to make money.

I know that people say that when Bitcoin will be adopted, it should become stable because there is a limited amount of it, but I don't see how it's gonna happen. From what I see people treat bitcoin as an asset to invest and hold and I can't imagine that will change in the future.
Who is saying that? I have not heard that from anyone before.

I know that people say that when Bitcoin will be adopted, it should become stable because there is a limited amount of it, but I don't see how it's gonna happen. From what I see people treat bitcoin as an asset to invest and hold and I can't imagine that will change in the future.
Bitcoin is actually an asset. Bitcoin is money.
2023  Bitcoin / Development & Technical Discussion / Re: What will happen if this congestion continues on: May 09, 2023, 08:05:11 PM
From my understanding, the only way miners can help is by not prioritizing transactions solely based on the transaction fees, but I doubt that will ever happen.
This can not solve anything, it will only make the mempool to become something else. Considering higher fee is better and it will make mining to be more profitable. If the fee is set to just 1 sat/vbyte for all transactions, the mempool will still be congested as it is now and no transaction will have higher chance to be confirmed, so why not accepting higher fee instead so that higher fee ones would first be confirmed which is how it is and it is better.
2024  Bitcoin / Development & Technical Discussion / Re: congested mempool & LN on: May 09, 2023, 07:23:53 PM
I think this is the perfect time for Lightening Network to prove its importance to everyone and even its doubters.
Why? Because Binance thinks on adopting it? Lightning is already accepted in lots of exchanges. In fact, it was just yesterday that I mentioned some.
More exchanges are using lightning network. You can look at these exchanges, they are all supporting lightning network:

There are many exchanges that support lightning network. You can check the list: https://github.com/theDavidCoen/LightningExchanges

If you click on that link, there are 25 exchanges there that are now supporting lightning network.

  • Kraken
  • Bitfinex
  • Bitstamp
  • OKX
  • OKcoin
  • NiceHash
  • TheRockTrading (excluding it because it is said to be a scam exchange and no more existing)
  • Southxchange
  • CoinCorner
  • BitMex
  • Buda
  • BullBitcoin
  • Bitaroo
  • River Financial
  • VBTC Vietnam
  • FixedFloat
  • LOFT
  • PrimeBit
  • SimpleFX
  • BitcoinVN
  • Bipa
  • Boltz
  • Kollider
  • LN Markets
  • Tauros

I excluded Paxful because it is no more existing.

Paxful has begin operation back, it is no more closed.
2025  Bitcoin / Development & Technical Discussion / What will happen if this congestion continues on: May 09, 2023, 07:15:30 PM
Ordinals Inscriptions is the cause of increase in mempool congestion. After Ordinals NFT, there is now ways to create fungible tokens called BRC-20 which led to the more in the rise of mempool congestion. BRC-20 marketcap has surpass $1 billion.

Some people call it another scam. But during the days when Ethereum blockchain started ERC20 and ERC721 (NFTs), some people were saying that it is the beginning of scam. Yes many people were scammed and many people lost money, but there are many of these altcoins tokens that are surving now.

The mempool is far from getting less congested. Bitcoin transaction fee is too much and becoming unbearable.

What do you think can solve what is happening? How can the mempool become not congested again. More miners needed or what?
2026  Economy / Services / Re: [FULL] LiveCasino.io Signature Campaign | Sr. Member+ | 100$ p/w, funds escrowed on: May 09, 2023, 08:38:49 AM
Thank you to our campaign managers, the transaction has been confirmed now.

No need move campaign to altcoin section and all payment transaction still on weekly, but you can ask to all participants using Binance segwit BTC address and sending payment trough BinancePay with Bitcoin payment awhile waiting fees transaction back to normal. Just my opinion trough sending Bitcoin with higher fees transaction
Binance pay for what, what should an exchange has to do with this? Nothing. Who can believe in the proof of payment? Only Binance. There is nothing better like making use of onchain transaction and using txid as proof of payment.

An altcoin address can be requested for in case of time like this. Campaign managers can pay in altcoins during memory pool congestion which is an alternative. When the mempool is better and not congested as it it now, campaign manager can continue to pay in altcoins is what I think.

@cryptofrka, it is left to you people to decide, but we have seen something like that before, not that you are paying in altcoin, but because of how the mempool is just congested for now. There are also lenders that are on bitcoin lending board that are also lending stable coins which are definitely altcoins and their thread has not been moved to altcoin board because they lend people bitcoin. If altcoin payment is convenient for you now, why not use it. Not that you are using it actually, when the mempool is back to normal, you use bitcoin again.

I may not be right, but this is just the way I think about it. But the mempool is getting better unlike when it increased to 600 sat/vbyte, now below 200 sat/vbyte.

In everything you do, I am okay with it. You are the best campaign managers. If bitcoin is always used for payment, I am good with it.
2027  Economy / Speculation / Re: Bear Market Reaches $27605 - Will the Downtrend Continue?" on: May 08, 2023, 06:15:53 PM
The current bear market is it going to be temporary or a long term? for my fellow investors out there, how are you managing during this downturn? are you still holding onto your assets or buying more?
There is bear market again but it is certain that bitcoin will get to all-time-high. It may take a year or two years before this would happen but it would definitely happen.

It is not even a bear market to me yet until I see bitcoin at $23000 to $20000 again in the bear trend. This will make me buy bitcoin again significantly. All-time-high is certain.
2028  Other / Beginners & Help / Re: mining bitcoin can be ceased? on: May 08, 2023, 08:56:40 AM
if no one mines anymore (because there's a sudden alien attack centered right on the asics, because they built them with a material that will self-destruct on a certain date etc. etc.) the difficulty will drop drastically in a short time.  at that point mining will resume Because at least I will start mining with CPU like Satoshi
If the mining hashrates dropped to the extent that people are just using CPU to mine bitcoin, the blockchain security would have reduced so much and it may harm the blockchain.

What I know is that all countries can not agree to all ban bitcoin. As one country will ban it, the other country will support it. This is according to what we have seen. Nothing will stop miners to use ASICs.
2029  Economy / Exchanges / Re: Binance announced LN integration on: May 08, 2023, 07:52:18 AM
The fee was adjusted from 0.0002 BTC to 0.001 BTC. That means the increase is  5 time higher than before. You can see Stompix explanation about how Binance still make money because they send to many addresses at a time, but Binance has to consolidate inputs too though.

https://bitcointalk.org/index.php?topic=5451846.msg62209691#msg62209691

Binance just want to start bitcoin lightning payment, it is good. If more wallets and exchanges support lightning network, more people will use it. But what I do not like about it is that it is not your coin if it is not your node, most people are not having their own node.
2030  Other / Beginners & Help / Re: mining bitcoin can be ceased? on: May 08, 2023, 07:32:31 AM
Or the government threatening to ban the POW mining method because there will be people mining it.
China banned bitcoin mining, but Chinese miners are now the second largest. When China banned bitcoin mining, Kazakhstan become the second largest, but now third largest. Kazakhstan makes bitcoin mining legal and see what that happened recently, the tax Kazakhstan government made from crypto mining.

Kazakhstan collected $7M in crypto mining taxes in 2022

All governments can not decide one day that they want to ban bitcoin mining. As one government will ban it, another government sees it as opportunity to mine.
2031  Economy / Gambling discussion / Re: What kind of rewards/bonuses do you prefer? on: May 08, 2023, 07:20:42 AM
Welcome bonuses , cashback , freespins etc ?
Cashback is not a bonus.

First time deposit for newly registered users, rakeback and free spins are the bonuses that I know. Another bonus that I noticed on casinos and other gambling sites are the ones that are given often, especially the ones given to the gamblers that are becoming not active.

or what kind of rewards would you like to see in an online casino ?
I like all bonuses like free spin and welcome deposit bonus.
2032  Economy / Exchanges / Re: Binance Haults All Bitcoin Withdrawals !! on: May 07, 2023, 04:11:59 PM
Wow, the amount of BS in that announcement
- Binance was charging 5x times the fees it was paying it it has always overpaid
- Binance has its own mining pool with 10% of the mined blocks, they could easily process their own transactions

The real reasons are:
- Binance doesn't want to miss on the juicy fees it mines in its blocks
- Binance can't make profits any longer even while overcharging customers with fees
- CZ as always is a piece of s..omethign and has again seen the opportunity to attack Bitcoin to promote his shitcoin

The mempool has gotten congested to the level Binance is no more charging 10x higher. The mempool is becoming something else. Because Binance process transactions with many outputs, if not that, Binance would have been paying more.

Bitcoin fee on Binance was 0.0002 which is $5.78 when bitcoin is at $28900.

This is what the mempool is say: mempool.space $8.15 for highest fee at 201 sat/vbyte.
2033  Economy / Exchanges / Re: Binance Haults All Bitcoin Withdrawals !! on: May 07, 2023, 04:00:53 PM
Binance is charging users more than enough to process withdrawals. It sounds to me like they are having technical issues, and they're not voluntarily doing this simply because the network is congested otherwise, what would "working on a fix" mean?

Our team is currently working on a fix until the network is stabilized and will reopen $BTC withdrawals as soon as possible.
Until the network is stabilized sound like it is pertaining to the network, I mean how the mempool is currently congested. If not it, it will still be indirectly related to it.

Bitcoin fee on Binance was 0.0002 which is $5.78 when bitcoin is at $28900.

This is what the mempool is say: mempool.space $8.15 for highest fee at 201 sat/vbyte.
2034  Economy / Exchanges / Re: Binance Haults All Bitcoin Withdrawals !! on: May 07, 2023, 03:54:53 PM
That is another lesson for those that depends on custodial means of saving. There is nothing better than noncustodial wallet which you can use and have complete control of your coins.

We are traders too, using the amount of money we can lose to trade. It is nothing that we should consider than to wait.
2035  Economy / Speculation / Re: Bitcoin price guess, 2023 on: May 07, 2023, 10:22:08 AM
Definitely 2023 is going to be a recovery year for bitcoiners, and already the sign is starting to coming out. But I am not getting the option to make my prediction in your poll. I think the Bitcoin price range can be from 20k to 50k in this year. As I am already said that this year could be a recovery and that why I don't think that the orhers range of prices can't be touched in this year so also there I don't think any chance to make a new all time high in this year. And I think this is enough in 2023 after the devastating trap of bear season.
Some people bought bitcoin at over $60000. If bitcoin get to $50000 and start to fall again, or if bitcoin is not going beyond $50000 for now, that means it is not yet a full recovery. Let us see what would happen though. People are suggesting that bitcoin may not go beyond $40000 after using last halving for their analysis.

You can not get $20000 to $50000 on the poll. It will make the guess to be boring and have lesser option to select and make it more easy to predict. Bitcoin had increased above $30000 in this year. Which means you can still choose between $30000 to $40000 or $40000 to $50000.
2036  Economy / Gambling / Re: Land base slot vs Online slot RTP on: May 07, 2023, 10:12:35 AM
In this part of the world where I came from gamblers are not really given or accorded some level of respect based on the gmfact that they gamble. They are seen as irresponsible and careless onec it is noticed it seen that you are coming out from a gambling joint notbti talk of the fact that you are  noted to be a gambler.
I am not trying to say that gambling is bad but I am only trying to let you know what it is here hence my restrictions on land gambling.
What did you mean? You mean that gambling is not seen as something good in your area? Or that because gambling is not seen as something good in your area, people are not gambling on land based casinos and they will prefer to gamble online?

If it is the second that you meant, because something is not legal does not mean there are no shaddy places that something like that is not done in that country. Also in online casinos, if you read their terms of service, many countries or regions are not allowed to gamble too. But there are ways gamblers still try to gamble, though their money is more at risk.
2037  Economy / Scam Accusations / Re: tippin.me exit scam? on: May 07, 2023, 08:29:12 AM
as became known today via various websites, the custodial lightning provider tippin.me has several indications of an exit scam. for about three days, users have been complaining that the service is unavailable and that login and withdrawals of their own Bitcoin are no longer possible. there is no trace of the admins, who are not publicly known anyway. anyone who wants to log in to tippin.me currently only gets an error message, and emails cannot be sent to the official support address... Undecided



https://stacker.news/items/174226
https://www.nobsbitcoin.com/tippin-me-potential-rug-pull/
I enter the site URL now and it took me to their main page, but this does not mean that it is not yet a scam. Sending email will not be a problem because I do not think the email will not go through, but their may be no response from the developers or customer care.

Their admins are not known to the public, why should people trust them. I can not trust that kind on service.

I did not login because I do not have an account with them. Also I do not know about the withdrawal, but withdrawal is the most important thing. If no one can withdraw their money for some days now with their admin not saying anything yet, this can be a possibly scam.
2038  Alternate cryptocurrencies / Altcoin Discussion / Re: Token/Coins pegged to real goods - Negative prices on: May 07, 2023, 08:17:15 AM
I want to peg a crypto token/coin on a physical existing good like electricity or wheat. And I want to trade this coin/token on DEX's. So there are negative prices on these goods. Are there DEX's which can handle negative prices?

Are there other possibility in handling negative prices on the crypto market?
The only one that I know of is gold backed coins like PAXG, but which I have only seen on spot market and on some centralized exchanges. If you want to create yours, you can try it, but if people do not go for the idea and buy such coin, it will only be a shit coin. There are many assets and commodities that are tokenized, but most of them are found on commodity trading sites.

I don't think it's possible, negative price only happen on perpetual trading. While DEX is just a like a spot trade in CEX, the lowest price is $0. I think you're want to take advantage by making money by buying a coin which pegged with a real goods where the value is negative lol.

I remembered if crude oil price was negative during the pandemic, but there's no crypto or asset that pegged with crude oil price.
I think he only means that for people to be able to sell which can make its price to fall.

Yes, no coin pegged with crude oil. I which it is tokenized but I did not see anything like that yet.
2039  Other / Archival / Re: Current list of exchanges without KYC on: May 06, 2023, 07:00:27 AM
I am using four exchanges without Kyc now and all working well till now. The most safe exchange i think is Kucoin but now they are also looking for KYC just like Binance this why i withdraw my fund from Kucoin now and only using Bybit, Mexc and Bitget.
I am using Kucoin and no KYC required yet. People can be thinking that Kucoin may require KYC later because of the regulatory pressure. Some weeks ago, Kucoin was unable to meet the regulatory requirements in Canada and they are no longer able to provider exchange service to Canadians.

Bybit deposit and withdraw function is quite fast but problem here is that new coins are very rarely listed here while Mexc and Bitget is so fast to list new coins especially shit coins.  for new users who always look for free money opportunity i will recommend Bitget and Bybit because there are lots of free guaranteed airdrop where you have to just register and do some easy task but i am afraid on these two exchange like FTx while Mexc is looking safe.
What makes you not to trust Bybit? I use the exchange too. The withdrawal on all the exchanges that I am using are very fast, not only on Bybit. Among the ones listed here, I use Huobi global, OKX, Bybit and Kucoins. They all have fast withdrawal.
2040  Economy / Exchanges / Re: Paxful is Coming Back but... on: May 06, 2023, 06:44:36 AM
Though Paxful was a good platform but i would not use it again unless and until i am confident that they are providing the same Servies with same honesty.
What I did not like about Paxful was that anyone can create ads, I left the exchange more than two years ago. I prefer exchanges that people have made up to certain number of trades and that have account registered for certain number of days before creating ads, rather than anyone that just open an account. Maybe this changed after I left. What made me more discouraged is when they made KYC mandatory.

It was not long ago when they ceased their operations. PEER-TO-PEER BITCOIN EXCHANGE PAXFUL SUSPENDS MARKETPLACE. And now they are coming back. If there were disputes between the owners it should have been sorted out without closing their services.  Since there are many other P2P platforms, better not use Paxful for the time being.
Paxful is not P2P exchange. P2P exchanges are decentralized, not centralized. Example of a decentralized exchange which is regarded as P2P is Bisq.

I too will not advice anyone to use Paxful for now too, there are many platforms now that you can exchange to fiat.
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